New Private Housing Units Authorized by Building Permits for Connecticut
Seasonally Adjusted
CTBPPRIVSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
412.28
Year-over-Year Change
10.88%
Date Range
1/1/1988 - 6/1/2025
Summary
The Seasonally Adjusted Consumer Spending on Durable Goods (CTBPPRIVSA) measures the monthly changes in consumer spending on durable goods, adjusting for seasonal variations. This metric is a key indicator of the overall health of the U.S. economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The CTBPPRIVSA is a component of the Personal Consumption Expenditures (PCE) index, one of the primary measures of consumer spending in the U.S. It tracks changes in consumer purchases of long-lasting products like automobiles, furniture, and appliances.
Methodology
The data is collected through surveys of households and businesses, then seasonally adjusted by the U.S. Bureau of Economic Analysis.
Historical Context
CTBPPRIVSA is closely monitored by economists, policymakers, and market analysts to gauge consumer confidence and make informed decisions.
Key Facts
- Consumer spending accounts for over two-thirds of U.S. economic activity.
- Durable goods purchases signal consumer confidence in the economy.
- Seasonally adjusted data removes predictable fluctuations to reveal underlying trends.
FAQs
Q: What does this economic trend measure?
A: The CTBPPRIVSA measures monthly changes in consumer spending on long-lasting durable goods, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: CTBPPRIVSA is a key indicator of consumer confidence and a vital component in assessing the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and businesses, then seasonally adjusted by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: CTBPPRIVSA is closely monitored by economists, policymakers, and market analysts to gauge consumer demand and make informed decisions.
Q: Are there update delays or limitations?
A: The CTBPPRIVSA data is published monthly with a short delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Seasonally Adjusted Consumer Spending on Durable Goods (CTBPPRIVSA), retrieved from FRED.